RMR Wealth Builders Reduces Holdings in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)

RMR Wealth Builders reduced its position in Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) by 21.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 9,672 shares of the company’s stock after selling 2,608 shares during the period. RMR Wealth Builders’ holdings in Global X Lithium & Battery Tech ETF were worth $493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV raised its holdings in shares of Global X Lithium & Battery Tech ETF by 261.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 553 shares of the company’s stock valued at $28,000 after buying an additional 400 shares during the last quarter. U S Global Investors Inc. acquired a new position in shares of Global X Lithium & Battery Tech ETF in the fourth quarter valued at approximately $36,000. WFA Asset Management Corp purchased a new stake in shares of Global X Lithium & Battery Tech ETF during the fourth quarter worth approximately $45,000. Smithfield Trust Co grew its position in Global X Lithium & Battery Tech ETF by 25.8% in the 3rd quarter. Smithfield Trust Co now owns 1,179 shares of the company’s stock valued at $66,000 after buying an additional 242 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in Global X Lithium & Battery Tech ETF in the 4th quarter valued at $108,000.

Global X Lithium & Battery Tech ETF Stock Performance

Global X Lithium & Battery Tech ETF stock traded down $0.54 during trading hours on Wednesday, reaching $45.53. 213,323 shares of the stock were exchanged, compared to its average volume of 506,547. The stock has a market cap of $1.62 billion, a P/E ratio of 9.79 and a beta of 1.31. The firm’s 50 day moving average is $44.89 and its 200 day moving average is $46.04. Global X Lithium & Battery Tech ETF has a 52-week low of $39.26 and a 52-week high of $69.09.

Global X Lithium & Battery Tech ETF Profile

Global X Lithium ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Lithium Index (the Index). The Index is free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure broad based equity market performance of global companies involved in the lithium industry, as defined by Structured Solutions AG.